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Thoughts about economic and business issues by and for the NYU Stern community -- and others with similar interests. The content reflects the views of individual NYU faculty but not necessarily those of NYU. Comments and suggestions welcome. Special thanks to our tech consultant, MBA alum Tim Reilly.

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Krugman compliments Cecchetti and Schoenholtz

A new post by Cecchetti and Schoenholtz on core inflation reminds me that this concept, too, has been a huge success. Actually, I don’t think C&S get the argument for using some kind of core measure quite right.

In my world, that’s as close as you want to come. Better yet, read the original.